Page 3 - NOVAGOLD 2014 Annual Report

NOVAGOLD offers an unrivaled opportunity for investors seeking leverage to gold. Our 50 percent-owned flagship Donlin Gold project is a uniquely attractive asset which – in terms of size, grade, exploration potential, production profile, mine life, and jurisdictional safety – is quite possibly the most important gold project in the world today. Moreover, our 50 percent-owned Galore Creek project has the potential to be Canada’s largest and lowest-cost copper mine. NOVAGOLD is in the enviable position of being well-funded with a cash balance of $165 million as of November 30, 2014, sufficient to fulfill all of its current financial obligations as well as fund the advancement of Donlin Gold through the permitting process.
Profile
Safe Geo-Political Environment
Alaska and British Columbia, top-rated mining jurisdictions
Accomplished Team
185 years of cumulative experience
Prolific Production Profile
Donlin Gold expected to be one of industry’s top producing assets; strong leverage to gold
Strong Balance Sheet
$165M cash + term deposits as of November 30, 2014
Top-Tier Assets
Donlin Gold: large, high-grade deposit past 50% mark in permitting; great potential for exploration
Supportive Stakeholders
Long standing shareholders and engaged partners
NG : 1